Shipchain.io is bringing supply and delivery logistics to the blockchain world.

in #steemit7 years ago

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Shipchain.io is a delivery logistics company designed to run on the Ethereum blockchain.

Shipchain is pushing to revolutionise the shipping industry by bringing the kind of accountability and fairness only a decentralized system can give.

Value Proposition

  • Perfect end to end tracking
    In a decentralized system there is always a definite trail of transactions. This makes it easy to track the movement of goods and trucks. No handover goes unnoticed. It might not be properly plain to see, but taking a slightly close look would show you. Unlike some of the current systems.

  • No fraud - Suppliers are incentivized to behave responsibly.

"The FBI estimates that cargo theft causes an annual loss within the United States of approximately $30 billion per year (and rising), with an average theft value of $190,000." source, Shipchain.io

With it being harder to hide transactions. Instead of stealing cargo or slacking on delivery times, truck drivers are incentivized to find the beat route and

  • Platform Parity
    Shipchain aims to disrupt the logistics industry by bringing parity to the logistics sector. How? By eliminating the middlemen. With the cost of doing business reduced smaller carriers can operate more efficiently.

What do those numbers IMG_20180105_023111_637.JPG

The freight and logistics industry is valued at $8.1trillion and is expected to grow to $15.5trillion by 2023.

55billion tons of goods were transported in 2015, that number is estimated to rise to 92billiom by 2025.

What to these numbers mean?
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I have no idea! But am gonna tell you someone who does, John Mornach, Shipchains CEO. He has run successful brick and mortar logistics companies and is not just some guy who knows codes.
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If there's one thing am sure of when it comes to choosing a bet(investing is a smart form of betting IMO)
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and what a team

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A guy who knows an extraordinary lot of codes. I think he is what you would define as a code wizard

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If Slipchain.io does not sell itself immediately. this guy would figure out how to.

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He was former CEO at DHL. Need I say more?

Visit Shipchains website for more information.
Here's a link to @originalworks version

steemit.com/cryptocurrency/@originalworks/90-steem-submission-bonuses-sponsored-writing-contest-shipchain-io / steemit.com/cryptocurrency/@originalworks/90-steem-submission-bonuses-sponsored-writing-contest-shipchain-io

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Not bad. It seems the cryptoworld is taking over the world

Yup, yup. Am a bit late in the train, but it seems a damn good train to be on.

Nice!
Upvoted!

Thanks for sharing this
Its the first time I'm hearing of shipchain

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The @OriginalWorks bot has determined this post by @james-ajibola to be original material and upvoted it!

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